Pennon Group PLC Director/PDMR Shareholding (0438R)
September 18 2017 - 6:44AM
UK Regulatory
TIDMPNN
RNS Number : 0438R
Pennon Group PLC
18 September 2017
Director/PDMR Shareholding
Pennon Group Plc
Notification of transactions of persons discharging managerial
responsibilities
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------------------
a) Name STEPHEN CHARLES BIRD
--- ------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status MANAGING DIRECTOR, SOUTH
WEST WATER
--- ------------------------------- --------------------------------
b) Initial notification/Amendment INITIAL NOTIFICATION
--- ------------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name PENNON GROUP PLC
--- ------------------------------- --------------------------------
b) LEI 213800V1CCTS41GWH423
--- ------------------------------- --------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -----------------------------------------------------------------
a) Description of the ORDINARY SHARES OF 40.7p
financial instrument, EACH
type of instrument
Identification code GB00B18V8630
--- ------------------------------- --------------------------------
b) Nature of the transaction GROSS VESTING OF SHARES
PURSUANT TO THE PENNON
GROUP ANNUAL INCENTIVE
BONUS PLAN - DEFERRED
ELEMENT (THE 'PLAN') FOLLOWING
THE OF THE OF
THE 3 YEAR RESTRICTED
PERIOD. A PROPORTION OF
THE VESTED SHARES HAVE
BEEN SOLD BY THE SHARE
PLANS TRUSTEE TO MEET
THE INCOME TAX AND NATIONAL
INSURANCE LIABILITIES
OF THE PERSON NAMED IN
1(a) ABOVE.
--- ------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
792.29p* 6,509
---------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information
- Volume 6,509 SHARES
- Price GBP7.9229p*
- Total GBP51,570.16
* vesting / sale price
--- ------------------------------- --------------------------------
e) Date of the transaction 15 SEPTEMBER 2017
--- ------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange
(XLON)
--- ------------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------------------
a) Name SUSAN JANE DAVY
--- ------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status CHIEF FINANCIAL OFFICER
--- ------------------------------- --------------------------------
b) Initial notification/Amendment INITIAL NOTIFICATION
--- ------------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name PENNON GROUP PLC
--- ------------------------------- --------------------------------
b) LEI 213800V1CCTS41GWH423
--- ------------------------------- --------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -----------------------------------------------------------------
a) Description of the ORDINARY SHARES OF 40.7p
financial instrument, EACH
type of instrument
Identification code GB00B18V8630
--- ------------------------------- --------------------------------
b) Nature of the transaction GROSS VESTING OF SHARES
PURSUANT TO THE PENNON
GROUP ANNUAL INCENTIVE
BONUS PLAN - DEFERRED
ELEMENT (THE 'PLAN') FOLLOWING
THE OF THE OF
THE 3 YEAR RESTRICTED
PERIOD. A PROPORTION OF
THE VESTED SHARES HAVE
BEEN SOLD BY THE SHARE
PLANS TRUSTEE TO MEET
THE INCOME TAX AND NATIONAL
INSURANCE LIABILITIES
OF THE PERSON NAMED IN
1(a) ABOVE.
--- ------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
792.29p* 7,543
---------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information
- Volume 7,543 SHARES
- Price GBP7.9229p*
- Total GBP59,762.43
* vesting / sale price
--- ------------------------------- --------------------------------
e) Date of the transaction 15 SEPTEMBER 2017
--- ------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange
(XLON)
--- ------------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------------------
a) Name CHRISTOPHER LOUGHLIN
--- ------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status GROUP CHIEF EXECUTIVE
OFFICER
--- ------------------------------- --------------------------------
b) Initial notification/Amendment INITIAL NOTIFICATION
--- ------------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name PENNON GROUP PLC
--- ------------------------------- --------------------------------
b) LEI 213800V1CCTS41GWH423
--- ------------------------------- --------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -----------------------------------------------------------------
a) Description of the ORDINARY SHARES OF 40.7p
financial instrument, EACH
type of instrument
Identification code GB00B18V8630
--- ------------------------------- --------------------------------
b) Nature of the transaction GROSS VESTING OF SHARES
PURSUANT TO THE PENNON
GROUP ANNUAL INCENTIVE
BONUS PLAN - DEFERRED
ELEMENT (THE 'PLAN') FOLLOWING
THE OF THE OF
THE 3 YEAR RESTRICTED
PERIOD. A PROPORTION OF
THE VESTED SHARES HAVE
BEEN SOLD BY THE SHARE
PLANS TRUSTEE TO MEET
THE INCOME TAX AND NATIONAL
INSURANCE LIABILITIES
OF THE PERSON NAMED IN
1(a) ABOVE.
--- ------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
792.29p* 19,552
---------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information
- Volume 19,552 SHARES
- Price GBP7.9229p*
- Total GBP154,908.54
* vesting / sale price
--- ------------------------------- --------------------------------
e) Date of the transaction 15 SEPTEMBER 2017
--- ------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange
(XLON)
--- ------------------------------- --------------------------------
Name of authorised official of issuer responsible
for making notification
KAREN SENIOR, DEPUTY COMPANY SECRETARY
Date of notification 18 SEPTEMBER 2017
--------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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